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DEBT DANGER: Alan Krinsky, director of research and fiscal policy at the Economic Progress Institute in Providence, says high interest rates offered by payday lenders, such as Advance America in Pawtucket, pictured, can leave struggling borrowers in a cycle of debt.
PBN PHOTO/­MICHAEL SALERNO

Payday lending ending in R.I., but a gap will remain

Rhode Island is preparing to shut down traditional payday lending next year. Beginning in 2027, payday lenders will no longer be exempt from the state’s...

Pawtucket job fair to assist workers affected by Hasbro’s move to...

PAWTUCKET – In response to Hasbro Inc.'s planned move out of the city, a state-backed job fair will be held March 28 at 100 Freight...
GOOD TIMES: Corey Barreira, the director of operations at the Newport Restaurant Group, in the dining room at the Waterman Grille in Providence. Despite challenges, Barreira says, the summer has been profitable for the employee-owned restaurant company. 
PBN PHOTO/MICHAEL SALERNO

AFTER ‘ALL THAT’: R.I. tourism holding its own this summer, but...

For Corey Barreira, this summer has been a test of resilience. The director of operations at the Newport Restaurant Group has seen a number...

Tanner says leaving Commerce her idea: ‘I presented a plan, [McKee]...

PROVIDENCE – Elizabeth M. Tanner, who has led R.I. Commerce Corp. since June 2022, is leaving the quasi-government agency, effective July 4, to serve...

R.I. tourism leader Kimble-Huntley steps down for job with Las Vegas-based...

PROVIDENCE – Anika Kimble-Huntley, who was hired in 2021 to direct the state’s marketing and tourism strategy, has left R.I. Commerce Corp. for a...

Officials break ground on new classroom, training facility at R.I. Fire...

EXETER – Fire and state officials on Friday broke ground on the $11 million construction project to build a new classroom and training facility...
THOMAS SPERRY is co-founder and managing partner of Rogue Venture Capital, the firm hired to manage R.I. Commerce Corp.'s new $2 million Rhode Island Venture Capital Fund. / PBN FILE PHOTO/ELIZABETH GRAHAM

Commerce board members want close eye kept on new venture capital...

When a $2 million proposal to start a state-sponsored venture capital fund to spur more high-potential startups came before the R.I. Commerce Corp. board...

Fire at Cranston Applebee’s deemed accidental

CRANSTON – The grease fire that ripped through the Applebee’s restaurant at Garden City  Center on Oct. 16 has been determined to be accidental,...

Is Rhode Island doing enough to support entrepreneurs?

A recent study suggests Rhode Island is lagging behind most other states in its support for entrepreneurs. Eton Venture Services ranked Rhode Island with the...

Entrepreneurial desert in R.I.? Study suggests it, but leaders say no

A recent study indicates that the rate of businesses being created in Rhode Island is lagging behind most of the country, but those involved...
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